We Must Work to Keep America Great By Continuing to Denounce and Oppose Dangerous, Deplorable, and Despicable Mentally Unstable Narcissist Donald Trump

Monday, May 1, 2017

EDITORIAL -
WE NEED TRUE TAX REFORM

The idiot
in the White House (I know there are currently several, but when I use that
descriptive phrase I refer, of course, to the biggest one – Trump) FU-ed what
should have been an easy task for a Republican-controlled Congress – repealing
Obamacare, or, more better, repealing the many bad aspects of the ACE (see my
TWTP post OBAMACARE- THE GOOD, THE BAD, AND THE UGLY).

He is now
apparently ready to take on tax reform.Please, let us hope he does not also FU that, too.

As a tax
preparer I know full well that the United States Tax Code has grown into what I
frequently refer to as a “mucking fess”.

The major
reason for tax return errors, by both paid tax preparers and taxpayers who
“self-prepare”, is the excessive complexity of the Tax Code.I strongly believe the current Tax Code needs
to be shredded and totally rewritten from scratch.

I also
strongly believe that the one and only purpose of the Tax Code is to raise the
money necessary to fund the government.

The new Tax
Code must –

(1) Be
simple – easy for everyone to understand.Simplicity for simplicity’s sake.

(2) Be fair
and equitable - treat all taxpayers equally.

(3) Be
consistent – treat specific conditions, situations, and activities, and
maintain specific definitions and descriptions, the same in all instances.

(4)
Encourage savings, investment, and growth.

(5) Index
for inflation all allowable deductions and credits.

The new Tax
Code must not –

(1) Be used
for social engineering, to redistribute income or wealth, or to deliver social
welfare and other government benefits.

(2)
Encourage or discourage certain economic decisions (other than savings,
investment, and growth), or provide exclusive benefits for specific industries,
business activities, or classes of taxpayers.

(3) Contain
any refundable credits, or any phase-outs, exclusions or adjustments based on
Adjusted Gross Income or Modified Adjusted Gross Income.

This new
Code would state “Everything is taxable, except . . .” and “Nothing is
deductible, except . . .”.Only those
“excepts” – exclusions and deductions - that are absolutely necessary and
appropriate, in the context of the “musts” and “must nots” listed above, should
be added back.

One of the
biggest problem with the current system is the inappropriate use of the Tax
Code to deliver social welfare and other government benefits – hence its
appearance as #1 on our list of “must nots”.This practice is not only inappropriate, but it also invites and encourages
tax fraud.

The
Internal Revenue Service, and the tax professional community, should not be
required to act as Social Workers and administer and verify government program
benefit payments.

I amnot saying that the government shouldn’t
provide financial assistance to the working poor and college students, provide
encouragements for purchasing health insurance, making energy-saving purchases
and improvements and other “worthy” actions, .What we are saying is that such assistance and encouragements should not
be distributed via the tax return.

The
benefits provided by the Earned Income Tax Credit and the refundable Child Tax
Credit should be distributed via existing federal welfare programs for Aid to
Families with Dependent Children. The benefits provided by the education tax
credits and deduction for tuition and fees should be distributed via existing
federal programs for providing direct student financial aid. The benefits
provided by the Premium Tax Credit, the energy credits, and other such personal
and business credits should be distributed via direct discount payments to the
appropriate vendors or direct rebate programs funded by the budget of the
appropriate Cabinet department.

Distributing
the benefits in this manner is much better than the current method for many
reasons:

1. It would
be easier for the government to verify that the recipient of the subsidy,
discount or rebate actually qualified for the money, greatly reducing fraud.
And tax preparers, and the IRS, would no longer need to take on the added
responsibility of having to verify that a person qualifies for government
benefits.

2. The
qualifying individuals would get the money at the “point of purchase,” when it
is really needed, and not have to go “out of pocket” up front and wait to be
reimbursed when they file their tax return.

3. We would
be able to calculate the true income tax burden of individuals. Many of the
current “47 percent” would still be receiving government benefits, but it would
not be done through the income tax system, so they would actually be paying
federal income tax.

4. We could
measure the true cost of education, housing, health, energy and welfare
programs in the federal budget because benefit payments would be properly
allocated to the appropriate departments.

Let us hope
that the idiots in Congress act intelligently for once and enact true and
appropriate tax reform.

ROBERT D
FLACH

TRUMP HAS
PERVERTED THE AMERICAN DREAM

The
American Dream is that anyone born in the United States can grow up to become
President.

The
selection – not election (he wasn’t elected – he lost the election by over 3
Million votes) of Donald Trump has perverted the dream.

Trump has
shown us that any idiot with lots of money and a big mouth, regardless of how
unqualified or inappropriate or deplorable, can become President.

THE LIBERTY
BUZZ – Online Digest

+ “Worse than just being a liar or a
narcissist, in addition he is paranoid, delusional and grandiose thinking and
he proved that to the country the first day he was President. If Donald Trump
really believes he had the largest crowd size in history, that’s delusional.”

So says one
of the group of psychiatrists attending a conference at Yale University.

“Donald Trump has a ‘dangerous mental
illness’ and is not fit to lead the US, a group of psychiatrists has warned
during a conference at Yale University.

Mental health experts claimed the
President was ‘paranoid and delusional’, and said it was their ‘ethical
responsibility’ to warn the American public about the “dangers” Mr Trump’s
psychological state poses to the country.”

Many of the
psychiatrists assembled agree with me, and many other professionals and lay
people, that “Trump is mentally unfit to
be president”.

Republicans
must use the 25th Amendment to remove Trump from office for mental
incompetence!

+ The LA
TIMES has published an excellent series of editorials on “The Problem with
Trump”.The series includes -

“The answer is simple. Even though we’re only
11 weeks into the Trump presidency, there is good reason to believe that rather
than grow into the job, he’ll remain the man he was on the campaign trail — impulsive, untruthful, narcissistic,
ignorant of the limits on presidential power and woefully unprepared to wield
it. Rather than wait until the public grew inured to the lies, the
undermining of democratic institutions, the demagoguery and bluster, we decided
to lay out our concerns at length and in detail.”

+ Trump’s
selfishness and consistent use of the Presidency to line his pockets and the
pockets of his family costs American taxpayers millions of dollars
unnecessarily.